CosmicCRF came with good numbers.
37% growth in Top line 172% in bottom Line and 100% in EPS.
Management walks as per their talks. (100% growth)
CosmicCRF came with a detailed Investor presentation.
Management’s aggression for growth is clearly visible.
He is having Very in-depth knowledge about wagon manufacturing.
Investor presentation:
bseindia.com/stockinfo/AnnP…
Watch the full video:
Cosmic CRF Ltd H1 FY’25 Earnings Concall
My observations:
Out of 85 Cr (raised in preferential) - 26 Cr still in hands.
More acquisitions on cards!
They planning to acquire amzen transport through NCLT, If they succeeded in it then definitely they get good opportunity for wagon manufacturing (As it had all RDSO approvals)
They are also planning to make some technical collaborations with Russian Railway wagon manufacturer. It is still in initial stages and if it happens they will have some additional advantage (when compared to Titragarh or Jupiter). Of course it’s too early to make any assumption as the management clarified that just initial meetings completed but so far they have not made any agreements.
As management guided, they are going to become a complete wagon manufacturer and the demand for wagons (up to 2030) is very huge.
So far management is walking as per their talk. Let’s see what they will do in future.
With thanks
Disc: Invested (My views may be biased as I am holding this, plz do your own research)
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